Consulting giant McKinsey recently concluded a feasibility study to determine if electricity from 100% renewable resources was possible. They determined that it was very feasible by 2050.

The study concluded that along with renewable energy being 100% feasible, it was also a reliable and economically sound energy decision.

Interesting side stat: Germany currently has one of the biggest renewable energies markets in the world with 2009 showing a 16.1% increase in the total share of electricity from renewable resources.

Other interesting survey notes from McKinsey:

More than 50 percent of executives consider sustainability—the management of environmental, social, and governance issues—“very” or “extremely” important in a wide range of areas, including new-product development, reputation building, and overall corporate strategy.

Yet companies are not taking a proactive approach to managing sustainability: only around 30 percent of executives say their companies actively seek opportunities to invest in sustainability or embed it in their business practices, for example.